25+ plus years location Laundromat
Bell, CA
| Asking Price: | $95,000 |
| Inventory: | $400 |
| Established Year: | 1999 |
| Gross Revenue: | $105,000 |
| Rent: | $4,200/Month |
Listing ID: 2292073Listing provided by BizBuySell
BUSINESS DESCRIPTION
Owner is selling the laundromat. Looking for 60K down payment. Owner can seller finance the rest. Please call or text me for more details. The location has many loyal customers but needs some love (TLC ~30k) to attract more customers. I just don't have the money to remodel and it is causing problems at home.
Need to sell fast. Currently the business maintains itself and earn a bit of profit.
38 Dryers
35 Washers
Brand new Tankless Heaters
New Vending machine
Security system
Automatic locks
Business hours 6 am to 10 pm
$4200 Rent include NNN
~2500 sq ft
4 year left on lease with (2) 5 year options
Average Monthly Revenue is $8700 with $900 profit. P&L is available after you visit the location.
DETAILED INFORMATION
Location
Bell, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/01/2038
Employees
1
Facilities
EVERYTHING
Competition
Great Location. One laundromat for competition.
Demographics are EXCELLENT
95% are Hispanics
72% are Renters
Low Income Household
Growth & Expansion
Has immense growth. If an employee is hired, that alone will attract customers.
Support & Training
2 week training or more if needed
Reason for Selling
Personal Problems
BUSINESS LOCATION
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